The authors focus on the most critical legal issues related to the financial and constitutional basis of the State Forests National Forest Holding. Their purpose is to establish and analyze the general and particular principles of the financial economy of this state organizational entity, which has no legal personality and manages forests owned by the State Treasury. The authors also analyze financial connections between the State Forests and a state budget, especially purposeful grants. Due to the scope and aim of the text, the most important of the applied research method is a legal
dogmatic one complemented by financial, legal analysis. According to the authors, whether the State Forests acts as
a public entity or an entrepreneur depends on the undertaken activity. The authors conclude that due to the nature and scope of tasks carried out by the State Forests and their high significance in the environmental and social dimension, it is necessary to amend the Forest Act. It is also
essential to conduct further, broader, and more thorough research in the legal and financial sphere of the State
Forests because there are no valuable studies on this crucial topic.